7 replies to this topic

[ogm]

Negativity is everywhere. Message boards are full of hope.
Hope that something bad will happen that will send the markets down. Hope that HOV's inventory blow out sale will fail. Hope that the markets will crash.... Hope hope hope.

The amount of negativity is absolutely astounding.

Realmoney.com poll

32% bullish
46% bearish

Everyone and his brother are betting on further decline of homebuilders, banks, brokers.

http://apps.thestree...9348B?sid=25237

Edited by ogm, 16 September 2007 - 10:11 AM.

[ogm]

People are following stuff like Hedge Fund Implodometer" http://hf-implode.com/

Pathetic. 18 hedge funds have imploded. Out of what ? 10,000 + ?
What % of restaurants fail in the first 2 years of operation ? Did that ever kill the economy ?

18 hedge funds... gimme a freaking break. And yet people are reloading that page every 10 minutes, to see if the number ticked up, so they could say I toid you so".


Almost every single guest on CNBC says the rate cut is priced in and we'll have test, retest, decline and so on.

EVERY SINGLE panelist on Fast money said they are looking for a decline after the Fed news Tuesday, since the rate cut is "priced in".

I think that decline will last about 30 minutes to a couple hours, just to suck in more shorts before they will be raped furiously once again.

Edited by ogm, 16 September 2007 - 10:18 AM.

[traderpaul]

If you are the only one in the park and enjoing the roller coaster ride.....Everyone knows that they have problem with the structure.....Go ahead and make my day.....Do you feel lucky.....Well, do you?

[ogm]

If you are the only one in the park and enjoing the roller coaster ride.....Everyone knows that they have problem with the structure.....Go ahead and make my day.....Do you feel lucky.....Well, do you?

I do

The sheep are scared. Very very scared.


Look at the COT report. Large traders are as short as they've ever been.
Small traders net is under then 2002 bottom.
Commercials are very long.

I'll take a guess that large traders here are zillions of hedge funs who went short everything they could borrow and are extremely bearish. They are the meat for the sharks here.

http://forums.techni...post?id=2156476

Edited by ogm, 16 September 2007 - 10:50 AM.

[traderpaul]

So the little guys were shorting right at the top.....Hey, they were right.....Commercial were very long at the top.....They maybe hedging.....

[ogm]

So the little guys were shorting right at the top.....Hey, they were right.....Commercial were very long at the top.....They maybe hedging.....

They may be hedging ? Lets assume they are. So they are heavily short if they are hedging so heavily.

Lets add up that information.... Commercials are heavily short, large traders are heavily short. And the little guys are right... so..... that means that absolutely everyone is positioned in one direction and they are all correct and will continue being correct.... is that the conclusion that you suggest we should make ?

[pdx5]

Not here in FF. Bulls outpoll bears 17:14 as of this late morning on sunday.

[raleigh]

Bullish for Monday, yes..........but Tue is another matter